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U.S. stocks higher at close of trade; Dow Jones Industrial Average up 1.21%

Published 04/12/2018, 04:25 PM
Updated 04/12/2018, 04:25 PM
U.S. stocks higher at close of trade; Dow Jones Industrial Average up 1.21%

Investing.com – U.S. stocks were higher after the close on Thursday, as gains in the Basic Materials, Technology and Financials sectors led shares higher.

At the close in NYSE, the Dow Jones Industrial Average added 1.21%, while the S&P 500 index gained 0.83%, and the NASDAQ Composite index gained 1.01%.

The best performers of the session on the Dow Jones Industrial Average were Intel Corporation (NASDAQ:INTC), which rose 3.17% or 1.62 points to trade at 52.72 at the close. Meanwhile, Boeing Co (NYSE:BA) added 3.09% or 10.12 points to end at 337.48 and DowDuPont Inc (NYSE:DWDP) was up 2.69% or 1.74 points to 66.47 in late trade.

The worst performers of the session were McDonald’s Corporation (NYSE:MCD), which fell 1.05% or 1.72 points to trade at 161.62 at the close. Procter & Gamble Company (NYSE:PG) declined 0.61% or 0.48 points to end at 77.79 and Walmart Inc (NYSE:WMT) was down 0.56% or 0.48 points to 85.43.

The top performers on the S&P 500 were Incyte Corporation (NASDAQ:INCY) which rose 5.34% to 69.83, Micron Technology Inc (NASDAQ:MU) which was up 4.18% to settle at 52.59 and Host Hotels & Resorts Inc (NYSE:HST) which gained 4.06% to close at 19.23.

The worst performers were L Brands Inc (NYSE:LB) which was down 4.59% to 36.17 in late trade, Everest Re Group Ltd (NYSE:RE) which lost 3.60% to settle at 250.65 and Digital Realty Trust Inc (NYSE:DLR) which was down 3.41% to 100.99 at the close.

The top performers on the NASDAQ Composite were MYnd Analytics Inc (NASDAQ:MYND) which rose 32.21% to 1.97, Cyren Ltd (NASDAQ:CYRN) which was up 27.66% to settle at 3.000 and Arcadia Biosciences Inc (NASDAQ:RKDA) which gained 23.95% to close at 31.000.

The worst performers were Newater Technology Inc (NASDAQ:NEWA) which was down 38.39% to 16.50 in late trade, China Advanced Construction Materials (NASDAQ:CADC) which lost 21.21% to settle at 2.600 and Bed Bath & Beyond Inc (NASDAQ:BBBY) which was down 19.95% to 17.21 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 1648 to 1410 and 117 ended unchanged; on the Nasdaq Stock Exchange, 1627 rose and 900 declined, while 144 ended unchanged.

Shares in Intel Corporation (NASDAQ:INTC) rose to 5-year highs; rising 3.17% or 1.62 to 52.72. Shares in Cyren Ltd (NASDAQ:CYRN) rose to 52-week highs; rising 27.66% or 0.650 to 3.000. Shares in Bed Bath & Beyond Inc (NASDAQ:BBBY) fell to 5-year lows; losing 19.95% or 4.29 to 17.21.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 8.30% to 18.56.

Gold Futures for June delivery was down 1.57% or 21.40 to $1338.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 0.43% or 0.29 to hit $67.11 a barrel, while the June Brent oil contract rose 0.04% or 0.03 to trade at $72.09 a barrel.

EUR/USD was down 0.30% to 1.2330, while USD/JPY rose 0.44% to 107.26.

The US Dollar Index Futures was up 0.27% at 89.46.

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